Coloradans react to Biden proposal to cap rent increases

Biden Housing Proposal News

Coloradans react to Biden proposal to cap rent increases
Biden RentBiden Rent CapColorado Housing
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Brandon Richard is a reporter for Denver7 in Denver, Colorado.

The centerpiece of the plan would limit rent increases.

While progressive groups say it would go a long way to helping renters, the proposal faces a lot of opposition from landlords, business groups and some Democrats. “I stay awake at night, worrying and not knowing if there’s going to be food,” she said. “It’s even worse because of where we are right now.”

“As we wait to build more housing that's affordable and accessible for renters, they're already going to be priced out of these of our communities,” said Luna. “The reality that we're seeing right now is because of a lot of greed.”On Monday, Gov. Jared Polis shared a statement on X in response to news of Biden’s plan.

CEDP also said the Colorado Department of Local Affairs Housing Choice Voucher program waitlist will be open for one day only, on Friday, Aug. 16 from 8 a.m. to 5 p.m.

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